Managing a business can pull the organization in many directions, multiplying their responsibilities,
dividing their attention and hindering their efforts. The most common constraints faced by the businesses
today are listed below.

Lack of focus: In today's fast world, the management team is
committed to many objectives with limited time on hand and hence most
of the organizations give lesser priority to accounting, finance and
other related administration functions. This would result in less
comfort and lack of updated information to aid in decision-making.

Erroneous processing: Due to lack of professional knowledge,
there are possibilities of processing the data erroneously, which
would lead to inaccurate information.

Meeting deadlines: With lesser preference given for accounting
functions, there are chances of not meeting the deadlines on the reporting
front, which could include value added management reports.

Staff Issues: Recruitment, training, retention and motivation
of efficient staff are common problems which most of the organizations
face in their day-to-day operations. Shortage of skills coupled with
greater staff turnover, place continuous pressures on management to
have continuous flow of information at any point of time. There is
also the compulsion of keeping staff content both financially and
in terms of job satisfaction.

Missed opportunities: In trying to deal with the day-to-day
issues that arise from running a professional business, practitioners
commonly may not have enough time to spend on the critical and strategic
issues faced by their clients.

Development of business: Targetted marketing is not undertaken
to achieve growth in business.